SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Sharck Soup

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DlphcOracl who wrote (14439)4/3/2001 2:06:46 PM
From: ColtonGang   of 37746
 
Joe...hang those big shoes up...analyst malpractice....""The news on the economy is encouraging but it's not convincing yet," said Joseph Battipaglia, chief investment strategist with Gruntal & Co. "The earnings picture is a seriously mixed bag with serious distress still coming from technology."

Technology stocks were dragged lower by software maker Ariba, which said it would post a loss instead of a profit for its fiscal second quarter. But the selling wasn't confined to tech issues, as worries about growth spilled into the broader market.

"Whenever companies come out with warnings, it reminds investors about the perilous nature of the earnings environment at the moment," said Battipaglia.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext